Economy

Interest rate cut unlikely after Iran deal

But investors still don’t think that an end to the war, and presumably a more stable Strait of Hormuz, will be enough to cause inflation to fall to a level this year where the Fed will feel comfortable cutting interest rates — something that has long been the biggest goal for Trump on the monetary policy front.

India's largest telecom and digital service Jio Platforms files for IPO

India's largest wireless operator and digital service provider, Jio Platforms files for IPO

'How am I supposed to know if it's cute on me?' The strange death of the changing room

As some shops toy with the idea of removing changing rooms, what does it mean for the future of the high street?

Global energy security hangs in balance. Here's how America can restore it

The world is currently entering a volatile new era of energy insecurity. As Russia continues to weaponize its energy resources against its neighbors and conflicts in the Middle East threaten vital shipping routes, nations across Europe and Asia are searching for stable, reliable suppliers. In this environment, the United States has the opportunity to be the guarantor of global energy security, the most reliable energy partner — provided it can overcome its own domestic bureaucratic hurdles.

Hormuz relief may not ease the economic toll that's already 'baked in,' analysts warn

Early signs of reopening of the Strait of Hormuz have lifted the most acute threat to global energy supplies but economic damages from the war will take months to unwind.

CNBC Daily Open: Swiss signing canceled as U.S.-Iran talks stall

Negotiators call off plans to meet in Switzerland to try to progress the U.S.-Iran deal as Trump and Vance defend the agreement.

Indian IT stocks slump up to 7% as Accenture cuts revenue outlook, fueling fresh concerns over sector growth

Shares of major Indian IT companies fall up to 7% after global sector leader Accenture cuts its revenue guidance.

Want to borrow home equity without refinancing? 3 options to consider this May

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What's the HELOC and home equity loan interest rate forecast for summer 2026?

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When could homeowners realistically expect to refinance? 4 lending experts weigh in

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Cuba Approves Unprecedented Free-Market Reforms in Effort to Stave Off Economic Collapse

Cuban lawmakers Thursday adopted nearly 200 historic free-market reforms aimed at rescuing the Communist island from a severe crisis aggravated by a U.S. oil blockade.

Oil drifts lower as Strait of Hormuz reopens, focus shifts to demand outlook

With immediate supply fears fading and tanker traffic returning to the Strait of Hormuz, traders are turning their attention back to oil demand and OPEC's outlook for the market.